Portfolio

Portfolio

As of June 30, 2019

Portfolio Snapshot
Total Investment1 $3.4B
Number of Investments1 81
Number of Properties1 633
Geographical Location 38 U.S. States & the United Kingdom
Proceeds Raised $2.0B

Investment Type Number of Investments1 Number of Properties1 Amount1
Equity | Direct Investments 75 75 $2.2B
Equity | Unconsolidated Investments 52 5583 $1.2B
Debt Investments 1 1553 $75.0MM4

Investment Type: Equity | Direct Investments

Number of Investments: 75
Number of Properties: 75
Amount $2.2B

 

Investment Type: Equity | Unconsolidated Investments

Number of Investments: 52
Number of Properties: 5583
Amount $1.2B

 

Investment Type: Debt Investments

Number of Investments: 1
Number of Properties: 1553
Amount $75.0MM4

 
EQUITY PORTFOLIO1,5

Facility Type

Geographic Location

Equity | Direct Investments
Investment # of Properties1DateFacility
Type5
LocationUnits/BedsAmount1

Equity | Direct Investments

Winterfell 32May 2015/
Mar 2016
ILF12 States4,000$905.0MM
Watermark Fountains6 15Jun 2015CCRCs11 States3,296$645.8MM
Rochester7 10Aug 2017ILF
ALF
Rochester, NY1,336$219.5MM
Arbors 4Sep 2014ALFLong Island, NY572$126.8MM
Watermark Aqua7 5VariousILF
ALF
3 States633$116.2MM
Avamere 5Feb 2017ILF
ALF
Oregon & Washington453$99.4MM
Peregrine 1Dec 2013MCFSmyrna, GA63$10.0MM
Oak Cottage 1Feb 2017MCFSanta Barbara, CA44$19.4MM
Kansas City 2Oct 2013ALFLeawood & Spring Hill, KS118$15.0MM
Equity | Unconsolidated Investments
Investment Joint Venture Partner(s)# of
Properties1
DateFacility
Type 5
LocationUnits/BedsOwnershipAmount1

Equity | Unconsolidated Investments

Trilogy8 Griffin-American Healthcare REIT III & IV77Dec 2015SNF
ALF
4 States8,91623.2%$350.1MM
Espresso Formation Capital & Safanad155Jul 2015SNF
ALF
12 States14,99036.7%$318.6MM
Griffin-American Colony Capital250Dec 2014MOB
ALF
SNF
Hospital
28 States & 44 Properties in UK9,68614.3%$456.6MM
Eclipse Formation Capital & Colony Capital76May 2014ALF
SNF
15 States7,7785.6%$56.5MM
Debt
Investment # of
Properties1
DateFacility
Type5
LocationUnits/BedsAmount1

Debt

Espresso 155Jul 2015SNF
ALF
12 States14,990$75.0MM

ALF: Assisted Living | CCRC: Continuing Care Retirement Communities | ILF: Independent Living | MCF: Memory Care | MOB: Medical Office Building | SNF: Skilled Nursing

The Fountains at Lake Pointe | Sarasota, FL
Arbors Islandia | Long Island, NY
Winterfell | South Colleyvine Ranch | Grapevine, TX
Harvard Square | Denver, CO
The Fountains at Sea Bluffs | Dana Point, CA
Pinebrook | Milford, OH

NorthStar Healthcare owns the properties pictured. 1) Does not include properties held for sale. Based on cost for real estate equity investments, which includes purchase price allocations related to net intangibles, deferred costs, other assets, if any, and adjusted for subsequent capital expenditures. For real estate debt, based on principal amount. May exclude other costs and expenses, including pre-funded capital expenditures, adjustments for working capital and other items relating to the closing of the investment. Includes NorthStar Healthcare’s proportionate share of assets acquired through unconsolidated joint ventures. 2) Includes investment in Solstice Senior Living, LLC, or Solstice. 3) Includes 155 properties in the Espresso portfolio for both NorthStar Healthcare’s debt and equity investments. 4) Property types securing the mezzanine loan predominantly include skilled nursing facilities, which are located primarily in the Midwest, Northeast and Southeast. 5) Classification based on predominant type of services provided at each property, but may include other services. 6) This investment includes 14 CCRCs and one property containing 10 condominium units in which NorthStar Healthcare holds future interests. Nine of the properties are owned jointly by NorthStar Healthcare and The Freshwater Group, Inc. (Freshwater) for 97% and 3% interests, respectively. 7) Owned jointly by NorthStar Healthcare and Freshwater for 97% and 3% interests, respectively. 8) Includes institutional pharmacy and therapy businesses and lease purchase buy-out options, which are not subject to property count.